Directors are not _________ because they do not hold title to property for the use and benefit of others.
Fill in the blank(s) with the appropriate word(s).
Ans: trustees
You might also like to view...
A release clause in a mortgage:
a. Provides for an option to extend its due date b. Releases a guarantor from further liability under specified conditions c. When part of a document creates a lien second only to the lien of taxes and assessments d. Allows portions of the property, given as security, to be released from the mortgage lien upon performance of a specified act
Difficulties closing the sale are most likely to arise when:
A) the salesperson is not strategically prepared for the close B) the "magic moment" has elapsed before the close has been attempted C) verbal and nonverbal clues contradict each other D) the customer responds positively to the trial close E) the salesperson has too much confidence in the close